Category: retirement solutions

November election promises property tax relief for California seniors A ballot initiative for the November election, The California Proposition 13 Tax Transfer Initiative, would amend Prop 13 to allow senior homeowners or severely disabled homebuyers to transfer their property tax base to a replacement residence for any price, in any County and as many times…

The best time to plan your retirement is before the boss does! Getting a pink slip along with your paycheck can be devastating, for baby boomers it can be life changing. Call it what you like but at 65 Norm knew a pink slip meant he had just met “involuntary retirement” There aren’t many options…

Get committed to planning your retirement There is an old parable about a chicken trying to convince a pig to start a ham and eggs restaurant. The chicken realizes that the pig is a little hesitant in their joint venture and after further probing, the pig expresses his reservations. He tells the chicken he’s has…

Reverse Mortgage to the Rescue – 25 Ways to Use Your Home Equity “Self-sufficiency, the greatest gift you can give your family” During our working years, most of us spend our earnings supporting our home. When we retire, it seems only fitting that our home help support us. Home equity is our most valuable asset.…

I give up ownership of my home with a Reverse Mortgage. Unfortunately too many retirees believe this “senior citizen ghost story” to be true and their retirement may be suffering because of that. I can remember when someone asked my father if he owned his home, he always answered: Yes, me and the bank! With…

Should I wait to get a Reverse Mortgage? —The wrong answer could cost you thousands! “The question isn’t at what age I want to retire, it’s at what income .” — George Foreman I was thumbing through a past edition of the AARP magazine, and came across an article discussing the pros and cons of Reverse Mortgages…